WINTON GROUP Ltd Boosts Stock Position in The Sherwin-Williams Company $SHW

by · The Cerbat Gem

WINTON GROUP Ltd lifted its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 185.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,084 shares of the specialty chemicals company’s stock after purchasing an additional 4,602 shares during the period. WINTON GROUP Ltd’s holdings in Sherwin-Williams were worth $2,432,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. MTM Investment Management LLC acquired a new stake in Sherwin-Williams in the 2nd quarter valued at approximately $26,000. Valley National Advisers Inc. increased its stake in Sherwin-Williams by 68.0% in the 2nd quarter. Valley National Advisers Inc. now owns 84 shares of the specialty chemicals company’s stock worth $28,000 after purchasing an additional 34 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of Sherwin-Williams by 104.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 86 shares of the specialty chemicals company’s stock worth $30,000 after acquiring an additional 44 shares in the last quarter. Salomon & Ludwin LLC purchased a new stake in Sherwin-Williams in the 2nd quarter worth about $31,000. Finally, Saudi Central Bank acquired a new stake in shares of Sherwin-Williams during the first quarter worth approximately $33,000. Institutional investors own 77.67% of the company’s stock.

Analyst Ratings Changes

SHW has been the topic of a number of research analyst reports. Citigroup reiterated a “neutral” rating and issued a $392.00 target price (up from $380.00) on shares of Sherwin-Williams in a research note on Thursday, October 30th. Bank of America decreased their price objective on shares of Sherwin-Williams from $375.00 to $368.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 14th. JPMorgan Chase & Co. upped their price target on shares of Sherwin-Williams from $378.00 to $385.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Mizuho set a $400.00 price objective on Sherwin-Williams in a report on Wednesday, October 29th. Finally, UBS Group reissued a “buy” rating and set a $422.00 price objective (up previously from $400.00) on shares of Sherwin-Williams in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sherwin-Williams presently has a consensus rating of “Moderate Buy” and a consensus target price of $390.87.

View Our Latest Analysis on Sherwin-Williams

Sherwin-Williams Trading Down 1.9%

Shares of Sherwin-Williams stock opened at $321.06 on Wednesday. The firm’s 50-day moving average price is $337.23 and its two-hundred day moving average price is $346.56. The company has a market capitalization of $79.59 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 3.86 and a beta of 1.24. The company has a quick ratio of 0.52, a current ratio of 0.82 and a debt-to-equity ratio of 2.11. The Sherwin-Williams Company has a 12-month low of $308.84 and a 12-month high of $379.65.

Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its earnings results on Tuesday, October 28th. The specialty chemicals company reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.15. The firm had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.21 billion. Sherwin-Williams had a net margin of 11.05% and a return on equity of 66.75%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.37 earnings per share. Sherwin-Williams has set its FY 2025 guidance at 11.250-11.450 EPS. On average, analysts forecast that The Sherwin-Williams Company will post 12 earnings per share for the current fiscal year.

Sherwin-Williams Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Friday, November 14th were paid a $0.79 dividend. The ex-dividend date was Friday, November 14th. This represents a $3.16 annualized dividend and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio is presently 30.83%.

Sherwin-Williams Company Profile

(Free Report)

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coating, and related products to professional, industrial, commercial, and retail customers. It operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group.

See Also

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